Probiotics Market - Size, Market Growth, Analysis And Trends

Posted on November 25th, 2014 by Media Found

Probiotics are living micro-organisms, which when consumed, enhance health. They are advantageous for both animals and humans and are used in the treatment of infections of the urogenitals, inflammation of the intestines and diarrhea linked to antibiotics. Probiotics battle unhealthy bacteria in the guts. Guts maintain the immunity of the body to a large extent. The expansion of probiotics market is likely to raise the market requirement of probiotics. The worldwide probiotics market will achieve a size of USD 52.34 billion by 2020.
Increasing awareness among clients with regard to gut health has driven the requirement for nutritional products and supplements. It will show over the forecast period in the consumption of probiotics. Nevertheless, the probiotics market is at a beginner stage with no transparency on client consumption. This will play an important role in the expansion of the market in the coming six years. Classifying policies, particularly in the European Union and United States, will also affect the market expansion.
The growth of the probiotics market depends a lot on the inclination of clients towards having dairy products and supplements, majorly in the west. Market growth of useful and cost effective food items will help the probiotics market in expanding. People are now more aware of the relationship between food intake and fitness. Chinese and Indian markets give product incentives. This acts as the one of the vital things, driving the growth of probiotics market in the respective areas.
Market Aspects
As the market of probiotics is at a beginner stage, important research and development with respect to bringing about new products is taking place. This is done to increase the utilization of probiotics on a profitable basis. Thus, the clients have distorted notions with regard to utilization which will slow down the rate of development of the market.
Analysts are still uncertain about the effectiveness of these products which limits the markets expansion. Increasing anxiety among clients and governmental assistance are building prospects for the probiotics market. The animal feed industry also has probiotics wherein they will grow from 2012 to 2020.
This will happen at an expected CAGR of more than 7 percent. The consumption of probiotics by humans made up for more than 90 percent of the entire market in 2013.
Application Features
Functional foods and beverages, animal feed and dietary supplements are the major applications of the probiotics market. Functional food and beverages leaded the applications sector and made up for more than 80 percent of the entire probiotics market. This was possible because of the increase in eggs, fish, meat, oils and fats, milk products, etc.
Dietary supplements will be the most rapidly developing application sector. They grow from 2012 to 2020, at a CAGR of more than 7 percent. It is owing to the increase in the requirement of dietary supplements, specialty nutrients and baby food products.
Regional Facets
Asia Pacific presently dominates the probiotics market. This is due to the advancements and different research methods in Japan. These are in combination with the incentives given from China and India.
Asia Pacific will also dominate the market in the future, growing from 2012 to 2014, at a CAGR of more than 7 percent. The North American market is also expanding rapidly due to the requirements of the United States. It is growing from 2012 to 2020, at a CAGR of around 7 percent.
The probiotics market can be explored further by clicking the link http://www.grandviewresearch.com/industry-analysis/probiotics-market and http://www.grandviewresearch.com/press-release/global-probiotics-market